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- Michigan House bills would give local governments option of a short-term rental tax - WEMU
Michigan House bills would give local governments option of a short-term rental tax - WEMU
Summary
Michigan is considering legislation that would allow local governments to implement a short-term rental tax. Hosts in Michigan should monitor their local government's actions and prepare for potential tax implications.
Key Insights
- •Michigan House bills propose giving local governments the option to implement a short-term rental tax.
Action Items
- ✓Monitor local government announcements regarding short-term rental taxes and potential implementation.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with any new short-term rental taxes could lead to penalties or fines.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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